NOT LISTED FOR SALE

862 E 500 N Orem, UT 84097

Orchard South Neighborhood

Estimated Value: $786,000 - $852,000

5 Beds
4 Baths
3,636 Sq Ft
$224/Sq Ft Est. Value

About This Home

This home is located at 862 E 500 N, Orem, UT 84097 and is currently estimated at $815,164, approximately $224 per square foot. 862 E 500 N is a home located in Utah County with nearby schools including Cascade Elementary School, Canyon View Junior High School, and Orem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2022
Sold by
Benson Carson P and Benson Jessica L
Bought by
Reese Zachary and Reese Katherine
Current Estimated Value
$815,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$520,876
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$294,288

Purchase Details

Closed on
Jul 13, 2010
Sold by
Benson Carson P and Benson Jessica L
Bought by
Benson Carson P and Benson Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2008
Sold by
Benson Carson and Benson Jessica
Bought by
Benson Carson P and Benson Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 29, 2008
Sold by
Hansen Brian T and Hansen Karen F
Bought by
Benson Carson and Benson Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 14, 2007
Sold by
Brereton Morris G and Brereton Karma D
Bought by
Hansen Brian T and Hansen Karen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 1999
Sold by
Chen Xeumin and Cao Hongjie
Bought by
Hansen Brian T and Hansen Karen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
7.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reese Zachary -- Artisan Title
Benson Carson P -- Meridian Title Company
Benson Carson P -- First American Orem
Benson Carson -- First American Orem
Hansen Brian T -- None Available
Hansen Brian T -- Sundance Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Zachary $560,000
Previous Owner Benson Carson P $210,000
Previous Owner Benson Carson P $125,000
Previous Owner Benson Carson $230,000
Previous Owner Hansen Brian T $654,000
Previous Owner Hansen Brian T $191,200
Closed Hansen Brian T $35,850
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,012 $423,885 $262,100 $508,600
2024 $3,012 $368,335 $0 $0
2023 $2,778 $365,035 $0 $0
2022 $2,964 $377,355 $0 $0
2021 $2,611 $503,600 $156,500 $347,100
2020 $2,456 $465,500 $125,200 $340,300
2019 $2,081 $410,100 $114,200 $295,900
2018 $2,140 $403,000 $110,500 $292,500
2017 $2,076 $209,385 $0 $0
2016 $2,251 $209,385 $0 $0
2015 $2,107 $185,350 $0 $0
2014 $2,008 $175,835 $0 $0
Source: Public Records

Map

Utah Utah County Orem 84097 Orchard South

862 E 500 N, Orem, UT

Not Listed for Sale

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